Jun 25, 2023
Sensex flirted with record high levels last week after nearly 8 months of consolidation on consistent foreign inflows and, to some extent, easing inflation.The index has risen about 4% so far this year driven by outperformance in capital goods, FMCG, and PSU stocks. At this juncture, it once again begs the question about the next target of 1 lakh — which is looking more likely from the current levelsHere's what experts say:
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“Sensex @1LK is possible for a country growing at 7%,” the legendary investor said
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“Will be disappointed if Sensex doesn’t surpass 1LK,” said Wood
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“With 10-14% CAGR, 1LK is possible in 4 years,” said veteran investor Sharma
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“Sensex has a long journey, beyond 1LK,” said Shah
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D-Street will compound at 13-14% P.A,” said Arora
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“See 84,000 on the Sensex in 2 years,” said Kedia
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“ Sensex could hit 1LK in 3-4 years,” said Suri
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